An Online Master of Business Administration (MBA) is a postgraduate degree offered at the Indian Institute of Management (IIM) that offers a fully online learning experience to students. It is similar to a regular MBA degree just offered through online learning mode. The Indian Institute of Management is among the best and top notch institutes imparting globally recognized and quality education among students with an immense global presence and reputation. IIMs offer various programs among which the Online MBA for Working Professionals is trending and the majority of candidates are enrolling under these programs due to its cost efficiency, flexibility, and same valuation. It is 2 year postgraduate degree program which is similar to a regular program only the learning mode and methodology are different. 

What are the advantages of an IIM online MBA program?

There are various advantages of pursuing an online MBA from IIM and they have diverse benefits in the corporate world meanwhile, an Online IIM MBA graduate receives special privileges by leading MNCs and business corporations as it adds credibility and value to an individual’s profile.  A few major advantages of an online IIM MBA program are listed below:

  • The program assists students in acquiring industry relevant skills and abilities based on the latest market trends. 

  • Despite being an online learning program, students can directly connect with their faculty and peers to resolve their queries via discussion forums, live sessions, and many more.

  • The program strengthens the theoretical knowledge of the individuals with the regularly updated syllabus as per the latest education policies.

  • Interested candidates can opt for the campus immersion option to visit the technically sound campus of these institutes with well structured and world class infrastructure. 

  • The fee structure for an online IIM MB is comparatively affordable and budget friendly as a regular MBA at IIM.

  • The online MBA programs at IIM are offered in various specializations to offer a wide career option to students. 

Fee structure for an Online IIM MBA program

The fee structure of an Online IIM program at IIM Online is affordable and budget friendly as compared to a regular postgraduate program from IIM simultaneously, it ranges between INR 5 – INR 13 LPA which varies on the chosen program and its specialization.  When compared to the regular IIM MBA programs, this fee range has a huge gap. Students can choose easy installment facilities to lessen the financial burden on students. The fee structure for an Online IIM MBA program is designed by considering the working class and to lessen the financial burden on them there are various loan, EMI, and scholarship facilities available. 

Admission procedure for an Online IIM MBA program

The admission procedure for an Online MBA at IIM Online is much similar to any other online degree program meanwhile students who are willing to enroll in an online MBA program at IIM Online are required to follow the below listed steps involved in the admission procedure:

Interested candidates are required to visit the official website of IIM. Afterward, carry out the registration process and Sign Up to have access to the online admission portal. Fill out all the required details, attach supporting documents (including working experience, academic transcripts, and test results with valid scores in exams like CAT/GMAT or other national qualifying examinations), and then apply. After submitting the application form along with the required documentation, students must appear for the admission test and the personal interview of the program (depending upon the IIM chosen by the students). 

If the candidate falls under the cut off list and qualifies interview then the university forwards the offer letter and the student submits their first fee installment to freeze a seat for themselves and continue with their classes once the commencement of the program.

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Conclusion

Enrolling in an IIMs Online MBA program is a dream for the majority of students due to the various advantages of the program discussed above. Pursuing an online MBA program from IIM offers a high ROI (Return on Investment) which makes it an ideal program for the working class. Simultaneously, it has a pocket friendly fee structure as compared to a regular MBA program from IIM.